Jericho Project

[E39/1914 (95%), P39/5600 (100%), P39/5601 (100%)]

The Jericho Project lies 40km north-northeast of Hobbes and comprises one Exploration Licence (E39/1914) and two Prospecting Licences (P39/5600 and P39/5601), with a total area of 11.65km2. The Project lies in the Kurnalpi Terrane and on the western margin of the well-mineralised Laverton Tectonic Zone. Local lithologies are dominated by felsic volcaniclastic metasediments, shales and banded iron formation (BIF). Previous surface geochemistry, RAB and RC drilling has defined two prospects of interest – Choirboy and Jericho.

Jericho Project - Regional Location Map

Jericho Project - Regional Location Map

Choirboy Prospect

Located within E39/1914, the Choirboy Prospect is associated with a mylonitic shear zone defined by tectonic cherts and quartz veins within a sequence of felsic metasedimentary schists, graphitic and sulphidic shales.  Historical drilling, including 14 RC holes and 74 RAB holes, has defined a north-south mineralised zone interpreted by previous operators as dipping shallowly to the east, over a strike length of >800m. Better RC intercepts (using a 0.5g/t cut off) include:

  • CBP001 - 8m @ 1.66 g/t Au from 0m
  • CBP007 - 4m @ 3.66 g/t Au from 42m
  • CBP008 - 15m @ 0.95 g/t Au from 61m
  • CBR014 - 2m @ 5.07 g/t Au from 47m
  • CBR022 -12m @ 1.31 g/t Au from 25m

RC drilling to date is on nominal 100m line spacing and the mineralisation is open along strike and down dip.  Infill and extension drilling is required to further test this prospect.

Jericho Prospect

Located within P39/5600, the Jericho prospect is an early stage target defined by a semi-continuous gold-in-soil anomaly covering an area of 1,200m x 100m, peaking at 522 ppb Au.  The anomaly predominantly overlies felsic metasediments and volcaniclastics to the east and west of a prominent BIF ridge which trends north-northwest and dips steeply to the east. The anomaly has been lightly tested by 14 RAB holes on ~200m line spacing, with maximum downhole intercepts of 1m @ 1.7 g/t Au and 1m @ 1.3 g/t Au in holes RCRB0059 and RCRB0038 respectively.